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Business News of Thursday, 23 June 2011

Source: GNA

SG-SSB loss pulls GSE Composite Index down

Accra, June 23, GNA - The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, inches down for the second straight session, losing 0.82 points to close at 1,185.75 points on Thursday from 1,186.57 points.

The year-to-date now stands at 18.57 per cent. The GSE-Financial Stocks Index (GSE-FSI), which tracks the performance of listed financial stocks also fell 1.15 points to 1,159.46 points from 1,160.61 points with a year-to-date change of 15.95 per cent.

There were two price changes.

Ghana Commercial Bank gained GH¢0.01 to GH¢3.01. On the other hand, SG-SSB shed GH¢0.02 to GH¢0.50.

Market Capitalisation was marginally down at GH¢20,437.88 million cedis from GH¢20,441.91 million.

Traded volumes were 155,413 shares traded, valued at GH¢364,581.91